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Troy

Troy

Located in Madison County

$323,537 Average Value
$164 Average Price per Sq Ft
7 Homes For Sale

Small town by the big city

From the neighborhoods to the schools to the homes in which residents live, life in Troy typically is small. But, says Trudy Lacefield, a Realtor for Troy-based Re/Max Alliance, no one is complaining. “People like that Troy is a smaller town with a lot to do,” she says of the suburb about 20 miles northeast of St. Louis.

Sidewalks are uncommon in older developments, but wide, residential roads with low-speed limits prioritize pedestrian safety.

Adjoining villages have teamed up to serve residents with their own school system.

Nineteenth-century farmhouses combine with mid-century ranch homes and new custom builds to offer a range of price points, styles, and sizes.

"The highly rated schools brought us here, but we fell in love with the neighborhood and stayed here ever since,” said Jake Kline, a broker with eXp Realty, who moved to Troy in 1997.

Varied house styles

Troy's 150-year-old farmhouses and homes built through the 1960s typically sell for lower prices, the mid $100,000s to the high $200,000s. New builds are priced from $300,000 to $400,000 but remain the most popular with buyers, says Lacefield. “The new construction is selling faster than it was years ago. It’s slim pickings for existing homes.”

Triad Community Unit School District

Troy isn’t big enough to have its own school system, so it aligns with the nearby villages of Marine and St. Jacob to form the Triad Community Unit School District, which operates Henning Elementary School, graded an A-minus by Niche, Triad Middle School and Triad High School, both graded B-plus from Niche.

Tri-Township Park

Along the same lines as the school district, Tri-Township Park has something for everyone, says Kline. “For a community of 10 to 11,000, there’s a ton to do at the park. Between the sports fields, skate park, petting zoo and snow cone shop, it’s a nice place to spend an afternoon.” Kids can meet residents such as Chonky the Donkey, Lilly the Llama and Tom and Tina, a pair of turkeys, at the petting zoo. A track for remote-controlled cars and trucks attracts hobbyists to the park's woods to race at the RC Crawler Course.

St. Louis specials and grocery shops

Troy has several takeout restaurants, including multiple pizza spots. Like many Troy residents, Kline is a big fan of Italian cuisine—especially toasted ravioli, a St. Louis specialty. “The story goes that a chef in a downtown restaurant accidentally dropped a tray of ravioli in the deep fryer. The chef had to try it, just to see what it would taste like. No one expected it to be good, but it was delicious!” says Kline. “Now, ‘toasted rav’ is kind of a St. Louis staple. You won’t find it in many other places.”

Swing by Alfonzo’s Pizzeria to pick up the St. Louis special or a few pizza pies. After eating, grab groceries from Pete’s Hometown Grocery, both located in the shopping centers on Edwardsville Road. “Pete’s is a great little mom-and-pop store, perfect for swinging in and grabbing a few things to make dinner,” says Kline. Troy’s retail sector offers little more than the basics, but Lacefield and Kline say it’s easy for residents to drive 10 miles north to Edwardsville, where big-box shopping is more plentiful.

Commuting

A commute to St. Louis can take 25 to 35 minutes, along Interstate 55 -- a trip that leads both ways, Kline said.

“People come here to stay.''

Tina Davis
Written By
Tina Davis
Alex Medina
Photography Contributed By
Alex Medina
Matthew Link
Video By
Matthew Link

Interested in learning more about homes in this area? Reach out to Scott Grippi, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Troy Housing Trends

Housing Trends

Median List Price
$479,000
Median Sale Price
$469,000
Median Single Family Sale Price
$469,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
142
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$164

Neighborhood Facts

Number of Homes in Neighborhood
3,366
Number of Homes for Sale
7
Median Year Built
1993
Months of Supply
0.60
Average Single Family Home Size Sq Ft
1,958
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,280
Average 2 Bedroom Size Sq Ft
1,354
Median Lot Size Sq Ft
11,761

Open Houses

  • 120 Collinsville Rd, Troy, IL 62294

    $74,444

    • 3,000 Sq Ft
    • 120 Collinsville Rd

    Priced to sell! This Tudor-style building offers endless potential for the right investor! Ideally located just off W Market Street, this property is perfect for a multi-family conversion, mixed-use development, or business space & is a unique find. Currently configured w/ three units on the main level & two on the second floor, plus one unit provides private access to the third story. Each unit

    Agent Photo
    Christie Gassen
    Hughes Group LLC
    (618) 591-2029
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  • 118 Pinewood Ct, Troy, IL 62294

    $250,000

    • 3 Beds
    • 3 Baths
    • 1,976 Sq Ft
    • 118 Pinewood Ct
    • New 2 days ago

    Don’t miss this rare opportunity to live on the lake in the desirable Country Village Estates! This 3-bedroom, 3-bath home features a finished walkout basement and a 2-car garage, offering a strong foundation and plenty of space. With great bones and tons of potential, it's a perfect blank slate—ready for your personal updates, from paint to flooring and everything in between.Take a look

    Kevin Barbier Barbier Agency

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  • Saturday, Aug 2
    Open Sat 1PM - 3PM

    8913 Wheat Dr, Troy, IL 62294

    $474,000

    • 4 Beds
    • 3 Baths
    • 2,651 Sq Ft
    • 8913 Wheat Dr
    • New 19 hours ago

    Welcome to Shadow Wood! This beautifully maintained 4-bedroom, 3-bath home offers a spacious and functional layout designed for modern living. The main level features an open-concept living area with coffered style ceilings and abundant natural light, seamlessly flowing into a well-equipped kitchen with stainless steel appliances, a center island, and ample cabinet space. Escape to your private

    Boyd Jenningss Keller Williams Marquee

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Troy Has More Owners

Demographics

Total Population
10,826
Median Age
41
Population Density
10 ppl/acre
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
18.1%
On par with the national average
19.1%

Finances

Median Household Income
$81,112
Above the national average
$71,702
Average Household Income
$103,006

Education and Workforce

High School Graduates
95.3%
Above the national average
89.1%
College Graduates
35.6%
Advanced Degrees
15.3%
On par with the national average
13.3%
% Population in Labor Force
66.6%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
24°F
Average Summer High Temperature
91°F
Annual Snowfall
20''

Area Factors

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

18 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Troy